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Struggling rand touches 8-month low

2014-09-29 11:49:30| IT Services - Topix.net

The rand touched a fresh eight-month low against the US dollar on Monday as the greenback extended last week's broad-based gains after stronger than expected US GDP data. The rand fell to 11.2755 to the dollar, its weakest since Feb. 3 according to Thomson Reuters data, and was at 11.2525 by 0700 GMT.

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